Share Name Share Symbol Market Type Share ISIN Share Description
Cloudbuy Plc LSE:CBUY London Ordinary Share GB00B09Y8Y28 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 2.20p 2.00p 2.40p 2.20p 2.20p 2.20p 8,482 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 1.1 -2.3 1.7 1.3 3

Cloudbuy Share Discussion Threads

Showing 20926 to 20947 of 21200 messages
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DateSubjectAuthorDiscuss
24/3/2019
20:25
In that case, on last year’s numbers, a million quid or so should do the trick (plus Mr Sella’s £0.75 million). If I were Mr Sella, I would be happy enough with that because if Cloudbuy can’t pay him back then he converts at 2p in the event of no default, 1p in the event of default……;or since the loans are secured, he gets the whole lot out of administration for peanuts. So if someone wants to put extra cash in, that would be fine by me if I were Mr Sella. £5.75 mil loan at 1p would be an additional 575million shares - But the debt will not stop there -
tomboyb
24/3/2019
20:18
Oh l totally disagree and tomorrow l will be piling in buying up shares equal to that of the bod members over the last three years. PADDY,could l trouble you to get the exact figure to me asap and l will be getting out the old cheque book. Cheers
chuffer2
24/3/2019
20:08
"perhaps there is a placing coming" - There is no one that would invest in this shower Sella is too deep in and only hope is to get rid of the business and convert his loans - Even then this will be a cash shell with debt with a market cap of millions - that is best case -
tomboyb
24/3/2019
19:58
Cloudbuy? No, cloud sell! By Nigel Somerville, the Deputy Sheriff of AIM | Sunday 24 March 2019 If you like this, please share this article using the buttons below Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article. AIM-listed Cloudbuy (CBUY) released its FY18 results this week and they were truly awful. The company remains dependent on future improvements in trading performance and/or its ability to raise additional finance, in order for it to continue operating for the foreseeable future, revenues are still falling, cashflow (apart from Mr Sella’s loan) is still solidly negative and profits came in at minus £2.2 million. It is grim reading indeed. Revenues were down 27% as existing customers were not renewing contracts. That doesn’t say much about the quality of the product, and comes on top of the prior year’s drop of 12%. Losses were also down – good news – to £2.2 million, down from £2.6 million last time and a whopping £4.1 million the time before. Well, it is lower, but it is still a whopping loss: £2.2 million on revenues of £1.1 million is dreadful. The cashflow statement shows continued cashburn of £1.7 million, as against £1.7 million last time, before Mr Sella’s loans are taken into account. So no improvement there! Somewhat optimistically we are told that the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for a period of 12 months but I find that hard to accept, given that the company’s net current assets were down to MINUS £0.5 million at year-end, having burned through £1.7 million of cash and I find it hard to see how the additional loans from Mr Sella of £0.75 million will really help. Whilst the directors have a reasonable expectation that all will be well (despite the above), the auditor offers a clean bill of health on the going concern front but notes that the company is reliant on improved trading or new finance to keep it going through the next twelve months. With particular reference to new funding, I note that one of the conditions or Mr Sella’s loans was that he gets a 25% discount on any fundraising – which surely would knock out any bucket-shop interest. And further to the trading update offered only last month, when the company dangled the carrot of two potential contracts which would see the company move into profit, one of those has already gone! How all that does not amount to a material uncertainty is beyond me - but I’m not an auditor, so what do I know - but well done to auditor James Cowper Kreston for hedging its bets. It is always good to get a clear opinion….. Maybe I’m wrong that no bucket shop would be interested: perhaps there is a placing coming and Mr Sella has waived his right to take part (at a 20% discount). In that case, on last year’s numbers, a million quid or so should do the trick (plus Mr Sella’s £0.75 million). If I were Mr Sella, I would be happy enough with that because if Cloudbuy can’t pay him back then he converts at 2p in the event of no default, 1p in the event of default……;or since the loans are secured, he gets the whole lot out of administration for peanuts. So if someone wants to put extra cash in, that would be fine by me if I were Mr Sella. But a £1 million placing when the market cap is only £3 million would be one big mountain to climb, so if any bucket shop were interested, the discount would be eye-watering. As I pointed out in December 2017, if someone makes lots of money out of Cloudbuy, it won’t be the likes of you or me. The shares slid back to just 2.5p (from 3p) but I simply can’t see how anyone will make a gain here aside from Mr Sella – and even there I wouldn’t bet my house on it. For private investors, the odds are heavily stacked against you: SELL.
tomboyb
24/3/2019
19:35
Paddy will u go missing again? i bet cbuy will go up tmrw. I bet you 1 cbuy share
radison56
24/3/2019
19:34
Paddy- are you one of them getting paid to come on advfn along with ginger nut? Excellent business model btw. Protecting Duncan Donuts lust for financing his mansion with shareholders cash.
radison56
24/3/2019
19:31
sorry i meant did you hide last week? and did u buy? well done if u did. was that your 250k buy?
radison56
24/3/2019
19:30
Paddy did u huy last week?
radison56
24/3/2019
19:29
Paddy - whats the cash burn? still trying to figure it out... is it the past present accohnts tht i should look at? or the present future past? I'm confused...
radison56
24/3/2019
19:22
Article in shareprophets on Cloudbuy - Its a SELL obviously - However not much is mentioned on the awful state of the balance sheet with current net assets indicated to be -0.5million - Net assets are -5.83million! PHB - hxxps://www.alexa.com/siteinfo/phbchoices.co.uk 14.1 millionth most popular site in the world -
tomboyb
22/3/2019
13:31
Adam, I know you were very concerned about the cash burn rate - did you manage to locate it in the accounts?
kemche
22/3/2019
13:20
Thanks Ginger
padamster
22/3/2019
12:52
ginger nut. where you been? have you been up to date with the rns? this is a genuine question for a genuine shareholder like your genuine self genuinely.
radison56
22/3/2019
12:45
lol! - What amazes me is that after the HUGE failures here the Duncans are still in charge - No more shareholders funds here - Sella can give them a shopping trip for as long as possible -
tomboyb
22/3/2019
12:43
At least when Ron buys out Google or Amazon seeing that he's going to be bigger than them shareholders will make a profit.lol
chuffer2
22/3/2019
12:38
Chuffer - They on board onto their platforms - Then no-one ever uses it - THE tech is carp - Final results indicated the risks to the buisness - Its a bit fat zero - All sites show little or no activity - I'VE NEVER HEARD THAT FROM ANY TECHNOLOGY COMPANY EVER!!!!
tomboyb
22/3/2019
12:34
Can't see the point myself. Phb choices don't have hardly any customers and aren t likely to get any. The bod are just running this down until there's nothing left in the pot.
chuffer2
22/3/2019
11:51
Found this which was released on the 20th of March. Worth a read for genuine and potential share holders. http://www.nationalhealthexecutive.com/The-Scalpels-Daily-Blog/personal-health-budgets-empowering-individuals-
ginger_ninja1
22/3/2019
09:03
Yipeeeee,it's pay day. £3,000 again,kerching. Should l turn up to work today......nahhhhhh!
chuffer2
21/3/2019
17:12
I think the notion of shareholders is finished here - Puff and debt and that is - They are resigned to focusing on what they have. No new contracts to go for - Simply put no one wants them because of the extreme low quality of platform and delivery -
tomboyb
21/3/2019
17:08
I dought if anyone of them read this site or any site. Why would they????? They just count the money at the end of the week and give shareholders the finger.
chuffer2
21/3/2019
17:03
no doubt he is reading this. when is the agm?
radison56
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